With its controlling interest in Klingensmith, Allegheny intends to grow its home-based services offerings.
“Our strategy is to build a first-in-class, fully-integrated set of high quality, efficient and lower cost home-based services that allow us to provide patients with the full continuum of care they may need outside the four walls of the hospital,” said John Paul, president and CEO of Allegheny.
Financial terms of the transaction have not been disclosed.
More articles on healthcare industry transactions:
Connecticut approves Tenet, Waterbury hospital joint venture, under certain conditions
Molina Healthcare to take over Florida Medicaid plan from First Coast Advantage
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
